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Catherine invested $6,000 into an account that grew to $17,000 over a period of 12 years. What is the nominal interest rate compounded monthly? Round

Catherine invested $6,000 into an account that grew to $17,000 over a period of 12 years. What is the nominal interest rate compounded monthly? Round I/Y to two decimal places. N I/Y P/Y = C/Y PV PMT FV $ $

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